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Status Prints Multiple Bullish Signals | 77%+
Status / Bitcoin
Long
Status Prints Multiple Bullish Signals | 77%+
By AlanSantana
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Nov 28, 2019
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Nov 28, 2019
Status (SNTBTC) printed multiple bullish signals and is now starting to grow... Let's take a quick look at those.
Status (SNTBTC) Bullish Signals
First we have the classic break of EMA10 and EMA50 (yellow line), our main indicators for bullish/bearish potential.
We can notice a bullish divergence between SNTBTC price and the MACD (marked with a purple line).
Bull volume increasing.
Reversal candlestick printed (marked with yellow circle).
Strong RSI (above 50).
These signals are telling me that SNTBTC can easily move higher... The magenta dashed lines on the chart are the targets for this move.
If prices move lower, support can/will be found on the dashed blue lines.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
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